Filing Flows › Newton Golf Company (NWTG) › Q3 2025
Newton Golf Company (NWTG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Newton Golf Company (NWTG) reported revenue of $2.6M for the third quarter 2025 (Q3 2025), +113% from a year earlier and +25% from the quarter before. Operating margin was -58.2%, net loss $1.6M (61.2% of revenue).
Newton Golf Company, Q3 2025: revenue $2.6M (+113% year over year), operating margin -58.2%, net loss $1.6M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6M | +25% | +113% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $2.6M in Q3 2025, up 113% year over year and up 25% from the previous quarter. Newton Motion Shafts was the largest line at 99% of revenue. Newton Motion Shafts added $1.4M year over year (up 116%), 100% of the total change.
Gross margin was 67.2%, up 0.7 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -58.2%. Operating expenses grew 71% against revenue growth of 113%. The fastest-growing cost line was SG&A (+80%). The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.5M loss.
Operating cash flow was −$1.3M. Non-cash charges added back $84K of depreciation and $235K of share-based compensation. Capital expenditures of $93K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Newton Golf Company's revenue in the third quarter 2025?
Newton Golf Company (NWTG) reported revenue of $2.6M for the third quarter 2025 (Q3 2025), +113% from a year earlier and +25% from the quarter before.
Was Newton Golf Company profitable in the third quarter 2025?
Operating loss was $1.5M (-58.2% of revenue) and net loss $1.6M.